Russian Bitcoin mining supplier to spend over $130m on AI data centers: report

2024-6-13 15:38

Russia’s crypto mining equipment supplier Intelion is reportedly considering an investment of over $130 million to develop AI data centers. Moscow-headquartered crypto mining supplier Intelion is planning to spend up to 12 billion Russian rubles (over $130 million) on purchasing…

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Источник: btcmanager.com

supplier mining → Результатов: 18

Hut 8 Mining eyes asset acquisition as energy supplier faces insolvency

Hut 8 Mining announced that it is prepared to acquire assets from Validus Power Corp. as the latter faces insolvency, according to an Aug. 11 statement. Hut 8 Mining, a North American digital asset mining company, has entered a transaction “support agreement” with Macquarie Equipment Finance Ltd over energy supplier Validus.

2023-8-11 15:21	Partnerships
mining hut insolvency validus supplier faces energy

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Borneo authorities seize illegal crypto miners running off stolen power

A Malaysian energy supplier uncovered an illegal cryptocurrency mining operation stealing power from the local grid on the island nation of Borneo.

2023-8-1 12:30
power illegal borneo mining stealing operation local

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Crypto mining hardware supplier Phoenix Technology considers IPO in UAE

The latest cryptocurrency report speculates mining retailer Phoenix Technology plans to go public in the United States Emirates. That could see Phoenix becoming the first publicly listed digital assets company in UAE.

2023-7-29 15:45	Mining
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Largest electricity supplier in Siberia sues 85 illegal miners

Russian energy company Irkutskenergosbyt is demanding 73.3 million rubles ($1 million) from the owners of illegal mining farms, located in private houses. The company has already received nine court decisions for 18.7 million rubles.

2021-12-14 22:49	News
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Bitcoin Miner Riot Blockchain Buys Electrical Supplier ESS Metron For $50 Million

The electrical equipment provider is key to Riot’s bitcoin mining operations and will enable timely installation of miners after the transaction.

2021-12-2 01:47
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Largest Supplier of Crypto Mining Gear in China, Alibaba, Announced Ban on Sale of All Crypto Mining Rigs

One of the world's largest mining gear suppliers has to stop selling rigs to continue functioning in China

2021-9-28 11:40
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Bitmain Power Struggle Heats Up as Co-Founder Wrestles For Control

Chinese mining giant Bitmain is in the midst of a power struggle. Co-founder Micree Zhan who was ousted last week has returned with a vengeance asserting that he will use a legal team to regain control of the company.

2019-11-7 07:36
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Venezuelan Mining Parts Supplier Coincoin Now Accepts Bitcoin Cash

Venezuela is among those nations where cryptocurrencies enjoy faster adoption. The South American country suffers from a political and economic crisis causing hyperinflation of the national fiat, the bolivar.

2019-6-3 23:10
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Chinese Listed Companies and Bitcoin Mining: Partner or Predator?

This article was originally published by 8btc and written by Lylian Teng. Some Chinese listed companies have jumped on the bandwagon of bitcoin mining following the bitcoin bull run throughout 2017, either under the guise of cloud computing or providing mining hosting services, in an effort to bypass regulations considering the country’s tough stance on bitcoin.

2019-5-29 18:53	Mining
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Op Ed: Understanding the Latest FinCEN Guidance for Cryptocurrencies

On May 9, 2019, the Financial Crimes Enforcement Network (FinCEN), issued new “interpretive guidance” about how its regulations apply to businesses that conduct money transmissions in virtual currencies.

2019-5-11 21:34	Op-ed
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Moonday Mornings: Ethereum Classic hackers return $100K worth of stolen funds

It’s another Monday and that means we have another Moonday Mornings for you. Here’s what you need to catch up on from over the weekend. 1. Nine cryptocurrency mining firms have decided to band together and sue a Washington State utility company after it raised electricity costs.

2019-1-14 13:07	hard fork
rate another new costs mornings energy electricity

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The Daily: Coinbase Launches OTC Desk, Huobi Opens Derivatives Market

In Thursday’s edition of The Daily, we feature stories that show cryptocurrency exchanges continuing to develop advanced services designed to attract institutional investors. These include OTC trading, derivatives and futures.

2018-11-29 13:45	VanEck
otc desk coinbase derivatives launches daily trading

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Major Video Card Supplier Enters Cryptocurrency Mining Business

Sapphire Technology, one of the largest suppliers of AMD-based video cards in the world, has announced that it’s officially entering the cryptocurrency hardware business. The Hong Kong-headquartered company is launching a flagship mining rig.

2018-11-29 20:55
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New Crypto Rumor Says Bitmain Is Possibly Losing Taiwan Bitcoin Mining Chip Supplier TSMC

Bitmain May Lose Chip Supplier Bitmain is a bitcoin mining manufacturer that will no longer be receiving chips from its supplier, called Taiwan Semiconductor Manufacturing Company TSMC. The platform’s relationship with TSMC is not in good shape, as the company is in arrears in the amount of over $300 million. Bitmain has, at one point, […]

2018-11-5 19:59	News
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Worlds Largest Chip Supplier Expects Dip in Demand for Crypto Mining Hardware, Tariffs an Issue

Global Chip Supplier Expects Dip in Demand for Crypto Mining Hardware Despite predicting a possible Q4 revenue growth, global chip manufacturing firm Taiwan Semiconductor Manufacturing (TSMC), has ruled the high probability of a dip in global demand for crypto mining hardware.

2018-10-19 03:47	News
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NBA’s Houston Rockets Land Sponsorship Deal with Bitcoin Mining Subsidiary AntPool

Bitcoin mining company AntPool, owned by Bitmain, one of the largest manufacturers of mining rigs in the world, landed a sponsorship deal with professional U. S. basketball team the Houston Rockets, The South China Morning Post reported on September 24, 2018.

2018-9-25 01:00	#investment
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Cryptocurrency Mining Chip Supplier Warns Investors of Impending Revenue Decline

Gigabyte Technology Co Ltd announced at a recent investors’ conference that they are expecting a significant revenue drop for the second quarter of 2018. The company is a leading supplier of graphics cards and motherboards – components used in cryptocurrency mining operations.

2018-7-3 06:00	Nvidia
cryptocurrency mining supplier revenue investors drop 2018

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BIS mulls ending mBridge pilot touted by Putin as dollar alternative: report

The Bank for International Settlements is mulling ending a cross-border payments platform eyed by the Russian president as a tool to bypass U.S. sanctions. The Bank for International Settlements is reportedly debating the future of its mBridge cross-border payments project…

Russian likely to rely on Garantex for sanctions evasion with new legislation, Chainalysis alerts

Blockchain analysts warn that the Russian government may use crypto exchanges like Garantex for sanctions evasion under the new legislation. The Russian government is likely to rely on domestic crypto exchanges like Garantex for sanctions evasion as it adapts to…

Russia’s Minfin considers launching a domestic crypto exchange

Russia’s Finance Ministry and central bank are in talks about setting up a domestic crypto exchange, though no final decision has been made yet. As Russia explores the development of its own crypto trading platforms, driven by the need to…

Russian ransomware generates over $500m in crypto proceeds, TRM Labs says

Analysts at TRM Labs say Russian-speaking ransomware groups accounted for nearly 70% of all crypto proceeds from ransomware in 2023. Russia has seemingly become the center for ransomware-related threat actors in 2023 Russian-speaking ransomware groups accounted for nearly 70% of…

Russia’s Minfin mulls crypto trades on stock exchanges for select investors only

Russia’s Ministry of Finance is reportedly working on allowing stock exchanges to open crypto trades, but restrict access to a limited group of “highly qualified” investors. Russia‘s Ministry of Finance, also known as Minfin, is exploring measures to permit crypto…

Russia’s sanctioned business union mulls establishing national Bitcoin fund

Russia’s sanctioned business association considers a national Bitcoin fund to enhance the use of digital financial assets in foreign trade. The Russian Union of Industrialists and Entrepreneurs (RSPP), a sanctioned Russian union representing the country’s wealthiest business figures, is considering…

EU bans crypto providers supporting Russia’s defence-industrial base

The European Council has unveiled a 14th package of sanctions, targeting crypto providers established outside of Europe that support Russia’s defence-industrial base. European leaders have adopted another package of sanctions designed to target “high-value sectors of the Russian economy, like…

2024-6-13 15:38

supplier mining → Результатов: 18

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